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    5023 Hwy 90 Pace, FL 32571-1503

    • Drive through restaurants
    • 6,235 SF
    • 1.84 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-5194035
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 5023 Hwy 90

    Year built
    2005
    Construction
    WOOD
    Lot size
    1.84 lot acres
    Property size
    6,235 SF
    Zone code
    HCD
    Property type
    Drive through restaurants
    APN
    13-1N-29-0000-02001-0000
    APU
    131N290000020010000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pace
    County
    Santa Rosa
    State
    Florida
    Longitude
    -87.1143
    Latitude
    30.6026
    CBSA code
    37860
    CBSA name
    PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,076
    $537,000
    $614,309
    $1,151,309
    -
    $537,000
    $614,309
    $1,151,309

    Comparable in this City

    • Value Estimation by Request
      2,295 SF

      4541 Hwy 90

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,295 SF
      4541 Hwy 90, Pace, FL 32571-2043
      View Details
    • Value Estimation by Request
      3,601 SF

      4200 Hwy 90

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,601 SF
      4200 Hwy 90, Pace, FL 32571-2000
      View Details
    • Value Estimation
      $2,295,000
      4,050 SF

      4700 Hwy 90

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,050 SF
      4700 Hwy 90, Pace, FL 32571-1402
      View Details
    • Value Estimation
      $1,785,000
      4,022 SF

      4774 Hwy 90

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,022 SF
      4774 Hwy 90, Pace, FL 32571-1450
      View Details
    • Value Estimation by Request
      5,928 SF

      4983 Hwy 90

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,928 SF
      4983 Hwy 90, Pace, FL 32571-1408
      View Details
    • Value Estimation by Request
      8,255 SF

      4763 Hwy 90

      DRIVE-THRU RESTAURANT, FAST FOOD • 8,255 SF
      4763 Hwy 90, Pace, FL 32571-1403
      View Details

    Similar Nearby for Sale

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      US-90 Frontage Property For Sale

      Property with US-90 frontage available for sale in Milton, FL.
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      Former Car Wash For Sale

      Former car wash suitable for renovation into office or retail.
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    • $350,000
      2,619 SF

      Auto Repair Facility in Pace

      Commercial property with auto repair shop and residential space.
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    Similar Nearby for Lease

    • Contact for pricing
      2,400 SF

      Pace Restaurant Space on US 90

      2,400 SF restaurant space in Pace's retail corridor.
      4909 S 90, Pace, FL 32571
      View Details
    • $30 SF/Yr
      1,200 SF

      Retail Space on Highway 90

      1200 sq ft retail space on busy Highway 90.
      4354 Highway 90, Milton, FL 32571
      View Details
    • $30 SF/Yr
      247,032 SF

      Santa Rosa Commons Retail Space

      Pace, FL Power Center - 1,800 SF Available
      4729 Us-90, Pace, FL 32571
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    • $30 SF/Yr
      750 SF

      Pace Hwy 90 Office Suite A

      750 SF Office/Retail Space - NNN Lease
      4728 US 90, Pace, FL 32571
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    • $3,038,800

      New Dollar General Investment Property

      New Dollar General in a high-growth Pensacola market area.
      3407 Mahogany Dr, Pace, FL 32571
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    • $18 SF/Yr
      1,320 SF

      Prime Pace, FL Retail Space

      1320 SF Retail Suite - Highway 90
      5070 Highway 90, Milton, FL 32571
      View Details
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    5023 Hwy 90
    Pace, FL 32571-1503
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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